Did I mention... "I don't support the fear mongering of purposeful pessimists trying to manufacture artificial time pressures while posturing bogus comparisons"... ???

You've postured here today... that you expect posting comparisons of SRSR with others you randomly select based on past price performance... rather than any other criteria... will do significant damage to SRSR... and then... have proceeded in making the effort ?

It's clear enough to me... that the effort made is silly and pointless... given the obvious lack of reason applied in failing to justify any element in the effort... save the element of reason inherent and apparent in the purpose.

Web got some nice Props today on the Dark side board. It’s too bad that ISNUB changed their rules to easily allow its own demise. I think our recent efforts their have served as a catalyst to bring some reason back. Posters that have been quiet for awhile are pushing back on the riff raff.

What's apparent on the charts, currently, is that the bottom bollie on the weekly is at $0.021 with the top bollie around $0.035... the bollies defining the short term trading range. The second derivative bolly defines a range between $0.02 and $0.035...

There's not a reason to see trading occurring outside the bollies as indicating anything of longer term relevance... its still just "noise" in trading patterns postured on charts, and not anything more fundamental... Trading outside the bands, is trading occurring outside the normal trading range... that being "extraordinary" by definition... with trading outside the bollies, whether on the high or low side, often defining inflection points...

Tops almost always are accompanied by, if not defined by trading above the bollies... bottoms accompanied by if not defined by trading below them...

SRSR has recently been trading far outside the bollies on the low side... forming a classic chart bottom... in a trade paired not with "capitulation" by holders... but with a clear maximum in the effort in orchestrated pessimism, more given the now too obvious effort being postured to foster pessimism... in the usual way... as that is intended to enable manipulation in trading any stock...

I've pointed out, separately, that the actual dynamic, given the volume in the real trade, should place that range roughly between $0.04 and $0.065 now... based only on the shorter range charts. There is an accumulated impact in the dynamic that one might also note...

A hugely significant portion of stock pricing is nothing but "noise"... whether that is considered in the sense of "noise" apparent as a natural feature of trading seen in chart patterns... or "noise" apparent in the rubric of the conversation defining the market context in which trading occurs. We've seen clearly enough and often enough the nature of the "noise" generated re SRSR ? The noise that is purposefully generated... isn't a feature of reality... rather than an external layer applied intending to obstruct our view of reality. Scott, speaking softly and truthfully in PR... is drowned out by those shouting over him... telling lies... mis-stating what he said while restating it, lying about what it means, etc., while fabricating new features as distractions. Charts... presented as an unfaltering view of "fact" in documenting investor behavior... are really a stage on which that behavior is "predicted" and then mimicked... in a badly acted play... intended to distract us from noting that the "documentary" we're told we're watching... is being produced, acted out, on a stage, by muppets.

There is nothing on the charts that shows any reason to expect SRSR to ever trade below $0.02... and, looking at the efforts being made to talk the stock down... it's pretty apparent that the only reason the stock has traded in the patterns that it has recently... is the effort being made to talk the stock down... and the effort expended in the use of market power trying to facilitate that effort... the Kabuki dance that results still being postured as "documentary"...

The message is being flogged that the "charts" predicted SRSR would trade down to $0.017 or so... and that is a total fabrication. There was never anything in the charts suggesting that would or should occur. At the time the messaging began... the charts were showing that SRSR was already oversold while trading at $0.028.

Short sales, of course, don't have to result in large accumulated positions to have impact... when they're used as features at inflection points, intended to "direct" the direction in trading... by manipulating the charts, etc.

That effort apparent in "steering" through fictionalization of what "charts" say... is true as a feature in both the short term and the longer term charts... where the efforts in bashing and the timing in the short trade that is apparent... provide obvious bookends that prove the point. The shorting we've seen in SRSR shares has correlated perfectly with the "inflection points" apparent on the charts... showing the share price is being manipulated lower...

The effort in denial that shorts exist ? Fairly transparent...

The "trading range" on the three year chart is between $0.02 and $0.20... with the longer range charts showing no reason that SRSR would be expected to trade below $0.03... other than the efforts expended in shorting and in trying to talk the stock down, and "painting" the charts to create buying opportunities... while "someone" works on lowering their basis...

You might note that the run up over $0.06 last August... was paired with a peak in accumulation...

We're now, again, at that same point in accumulation on the charts...

It appears someone deliberately ran the price up to $0.06... sold their shares... shorted... and shifted the effort to bashing, fictionalizing chart talk, and shorting to steer the trade lower... hoping to re-enter positions at much lower prices. It appears they've failed in generating any really significant volume at the recent lows... but, still, have probably succeeded in completing "a cycle"... even if the range in the transit is less than they'd prefer... and even if the lack of cooperation in producing "capitulation" means it's taking a lot longer than they'd like ?

Both the daily and the weekly charts show a set of "pinches" in the charts, forming in the range between $0.025 and $0.03...

The current pinch has broken... with MACD turning higher again on both daily and weekly charts... suggesting the recent effort in forcing SRSR to a bottom have concluded... and, paired with that... you see a change in the structure of the effort being made in the "bashing" of SRSR on IHub... ? Go figure...

We're still seeing historically low volumes... the relative lack of trading volume in any issue always making the intrinsic value of charts much less than they would be were the trade not being manipulated as it is on lighter volumes...

The result is much larger potential for large upside volatility... given progress occurring over time in the actual conduct of the business... while the effort made in production of the distractions on the charts deviates more widely over time from the underlying reality...

If charts are "the stage" and volume is "attendance"... what the charts are showing you isn't the intrinsic value of the play, or what the reviews might be when the show hits on Broadway with an all star cast... but the quality of the lesser actors performance in community theater as they work hard on butchering the script. The charts are certainly not presenting you with a "documentary". Holders holding... is roundly dissing the manipulations of the efforts in direction and performance... of those community theater efforts apparent in the painting of the charts... not missing that those bad actors... are not the ones who are writing the script that matters...

"The U.S. action and similar moves by the European Union and Japanare only first steps in a lengthy World Trade Organization process,"Dickie said. "Rather than wait for an international bureaucracy,strategic action is needed now by the U.S. to develop domesticstockpiles of rare earths and other vital materials, just as China isreportedly doing to ensure its own economic stability."

While China has been curtailing exports of rare earth elements, theyhave recently discussed creating large stockpiles of niobium, andChinese companies have made investments in the largest niobiumproducer company in Brazil.

Among the top six items on the Materials Risk List 2011 by theBritish Geological Survey, equally ranked are rare earth elements,and the strategic metal niobium. Quantum's Elk Creek, Nebraskaproject is host to what the U.S. Geological Survey has repeatedlyreferred to as "potentially one the largest sources of rare earthelements and niobium", and is the only known primary niobium depositunder development in the U.S.

Currently, worldwide production of niobium is limited to threeproducers requiring the U.S. to import 100% of its needed supply.Niobium is primarily used to produce high strength, low alloy steel,but also has irreplaceable uses, including high-strength alloys infighter planes, to create the steel needed for natural gas pipelines,and in the magnets needed for MRI machines.

Quantum's Elk Creek site includes an inferred resource of 80 milliontons of 0.62% niobium which equates to approximately 500 millionkilograms of niobium. Recent pricing for ferro-niobium is in therange of US$43 per kilogram, slightly below the 2011 peak of US$46 akilogram. Overall, the world market has been growing in excess of 10%per year for the past decade.

Cautionary note: This news release contains forward lookingstatements. These statements include, but are not limited to,statements with respect to the completion of an updated resourceestimate, the commencement of a preliminary economic assessment studyand management's expectation that the results of these studies willconfirm the potential of the Elk Creek Project. Specifically, anystatements regarding the potential increase of the Company's inferredresource at the Elk Creek Project and the goals and objectives of theCompany are by their nature forward looking information. Resourceestimates, unless specifically noted, are considered speculative. TheCompany has filed a National Instrument 43-101 report on the ElkCreek Project. Any and all other resource or reserve estimates arehistorical in nature, and should not be relied upon. By their nature,forward looking statements involve known and unknown risks anduncertainties because they relate to events and depend on factorsthat will or may occur in the future. Actual results may varydepending upon exploration activities, industry production, commoditydemand and pricing, currency exchange rates, and, but not limited to,general economic factors. Other factors may cause the Company'sactual results, performance or achievements to be materiallydifferent from any future results, performance or achievementsexpressed or implied by the statements.

Cautionary Note to US investors: The U.S. Securities and ExchangeCommission specifically prohibits the use of certain terms, such as"reserves" unless such figures are based upon actual production orformation tests and can be shown to be economically and legallyproducible under existing economic and operating conditions.

"Neither TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release."Contacts:Quantum Rare Earth Developments Corp.(604) 568-7365(604) 688-4215 (FAX)www.QuantumRareEarth.com

Oakville, ON, March 1, 2012 – Sarissa Resources Inc. (“Sarissa” or “the Company”) (OTC Pinksheets: SRSR) wishes to update shareholders on the option and financing agreement (the “Option”) entered into in 2011 as well as other potential financing options.

Under the terms of the original Option, when exercised between CDN$5,500,000 and CDN$10,000,000 was to have been raised to conduct pre-feasibility metallurgical studies and scoping studies, designed to qualify as a Preliminary Assessment under NI 43-101, including geological modeling and further resource estimates of the mineral potential of the Company’s subsidiary, Nio-Star Corp’s wholly-owned Nemegosenda niobium property.

To date the optionor (“HKHE”) has contributed a portion of the anticipated funding, and the first part of the metallurgical studies were contracted for and started in September, 2011. These are substantially completed now, and we are waiting for the report and for recommendations for the next phase. The geological modeling and further resource estimates, including further diamond drilling, have not yet been completed.

The team we have assembled, including HKHE, continues to work toward completion substantially along the lines of the original Option, although the timing has had to be extended due to the challenging market conditions. While the Company continues to work with HKHE toward an anticipated closing, we have also considered it prudent to evaluate other financing options, both in China and Hong Kong, as well as North America and Europe. During the period in which HKHE had an exclusive option, the Company was approached by other companies with financing proposals, and is now evaluating these potential financing opportunities and partners to determine the best fit to quickly move the project to the next phase.

Sarissa CEO, Scott Keevil commented, “The timing of the Option was such that we and the optionors have been caught up in the general stock market and financing malaise, resulting in some of the anticipated funding groups involved in the original consortium having to drop out of their planned commitments. While this has been frustrating for all of us, the fact remains that we are continuing to advance our interest in this major asset. As well as beginning the advanced metallurgical engineering studies, we have now completed all option payments under the various acquisition agreements on the Nemegosenda property and now hold complete title to all of the ground, subject only to normal royalties, land taxes on our patented holdings, and provincial work commitments on our mining claims. This puts us in a very strong position in evaluating the various financing options, as we have no major time sensitive commitments to make that could be used as leverage against us in negotiations.This has been a pretty trying period for all of us. I know I have been frustrated by the timing over the past six months and I know what is going on behind the scenes, so I can only imagine how frustrating it has been for shareholders who are not able to see all of the efforts taking place in the background.”

Sarissa management continues to believe that a financing arrangement along the lines contemplated, and the proposed Spin-Out plan represent the best route forward in the development of the Nemegosenda property and in realizing maximum value for Sarissa shareholders.